Market Size of Construction Portable Generators Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.90 Billion |
| Market Size (2029) | USD 6.40 Billion |
| CAGR (2024 - 2029) | 5.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Construction Portable Generators Market Analysis
The Construction Portable Generators Market size is estimated at USD 4.90 billion in 2024, and is expected to reach USD 6.40 billion by 2029, growing at a CAGR of 5.5% during the forecast period (2024-2029).
• Over the medium term, factors such as the ever-increasing demand for power, lack of reliable grid infrastructure, the need for emergency backup power solutions, and the demand for steady power supply at construction sites are driving the portable generator market.
• On the other hand, Portable generators face tough competition from battery storage systems. Also, other cleaner sources of standby power are expected to hinder the portable generators market.
• Nevertheless, the new constructions in the commercial and industrial sectors of emerging economies and the residential sector of developed economies are expected to create significant opportunities for market participants in the near future.
• North America is expected to have a significant market share, with the majority of the demand coming from countries such as the United States and India.
Construction Portable Generators Industry Segmentation
Portable generators are internal combustion engines that are used to generate electricity. They are useful when temporary or remote power is needed and are commonly used during cleanup and recovery efforts following disasters such as hurricanes, tornadoes, etc. The Construction Portable Generators Market is segmented by Power rating, End-User, and Geography. By Power Rating (below 5 KW, 5-10 KW, and Above 10 KW), Fuel Type (gas, Diesel, and Other Fuel Types), and End User (industrial, Commercial, and Residential). The report also covers the market size and forecasts for the Construction Portable Generators Market across major regions. For each segment, the market sizing and forecasts are done based on revenue (USD).
| Power Rating | |
| Below 5 KW | |
| 5-10 KW | |
| Above 10 KW |
| Fuel Type | |
| Gas | |
| Diesel | |
| Other Fuel Types |
| Geography | |||||||||||
| |||||||||||
| |||||||||||
| |||||||||||
| |||||||||||
|
Construction Portable Generators Market Size Summary
The construction portable generators market is poised for significant growth, driven by the increasing demand for reliable power sources in construction activities worldwide. The need for emergency backup power solutions and steady power supply at construction sites is paramount, especially in regions with unreliable grid infrastructure. This demand is further fueled by the growing infrastructure development and construction activities globally. Portable generators are essential for powering heavy machinery and tools at construction sites, and their importance is underscored by the rising frequency of power outages, particularly in developing countries. The market is also witnessing a shift towards greener construction practices, with companies adopting generators that run on alternative fuels to reduce environmental impact.
North America is expected to hold a substantial share of the market, with the United States and Canada leading due to their robust construction activities and infrastructure investments. The region's dominance is supported by the increasing construction of data centers and the resilience of non-residential construction, bolstered by government stimulus measures. Despite competition from battery storage systems and cleaner energy sources, the market for portable generators remains strong, with opportunities emerging from new constructions in both commercial and residential sectors. The market is fragmented, with key players like Generac Holdings Inc., Caterpillar Inc., and Honda Siel Power Products Ltd. actively contributing to its growth. Innovations such as fuel cell and hydrogen power generators are also shaping the future landscape of portable power solutions.
Construction Portable Generators Market Size - Table of Contents
-
1. MARKET OVERVIEW
-
1.1 Introduction
-
1.2 Market Size and Demand Forecast in USD billion, till 2029
-
1.3 Recent Trends and Developments
-
1.4 Government Policies and Regulations
-
1.5 Market Dynamics
-
1.5.1 Drivers
-
1.5.1.1 Increasing Demand for portable power source
-
1.5.1.2 Increasing investments in Construction Sector across the Globe
-
-
1.5.2 Restraints
-
1.5.2.1 Increasing Demand for Battery Storage Systems and other Cleaner Sources of Standby Power
-
-
-
1.6 Supply Chain Analysis
-
1.7 Porter's Five Forces Analysis
-
1.7.1 Bargaining Power of Suppliers
-
1.7.2 Bargaining Power of Consumers
-
1.7.3 Threat of New Entrants
-
1.7.4 Threat of Substitutes Products and Services
-
1.7.5 Intensity of Competitive Rivalry
-
-
1.8 Investment Analysis
-
-
2. MARKET SEGMENTATION
-
2.1 Power Rating
-
2.1.1 Below 5 KW
-
2.1.2 5-10 KW
-
2.1.3 Above 10 KW
-
-
2.2 Fuel Type
-
2.2.1 Gas
-
2.2.2 Diesel
-
2.2.3 Other Fuel Types
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Rest of North America
-
-
2.3.2 Europe
-
2.3.2.1 Germany
-
2.3.2.2 France
-
2.3.2.3 United Kingdom
-
2.3.2.4 Spain
-
2.3.2.5 NORDIC
-
2.3.2.6 Turkey
-
2.3.2.7 Russia
-
2.3.2.8 Rest of Europe
-
-
2.3.3 Asia Pacific
-
2.3.3.1 China
-
2.3.3.2 India
-
2.3.3.3 Japan
-
2.3.3.4 South Korea
-
2.3.3.5 Malaysia
-
2.3.3.6 Thailand
-
2.3.3.7 Indonesia
-
2.3.3.8 Vietnam
-
2.3.3.9 Rest of Asia Pacific
-
-
2.3.4 South America
-
2.3.4.1 Brazil
-
2.3.4.2 Argentina
-
2.3.4.3 Colombia
-
2.3.4.4 Rest of South America
-
-
2.3.5 Middle East and Africa
-
2.3.5.1 Saudi Arabia
-
2.3.5.2 United Arab Emirates
-
2.3.5.3 South Africa
-
2.3.5.4 Egypt
-
2.3.5.5 Nigeria
-
2.3.5.6 Qatar
-
2.3.5.7 Rest of Middle East and Africa
-
-
-
Construction Portable Generators Market Size FAQs
How big is the Construction Portable Generators Market?
The Construction Portable Generators Market size is expected to reach USD 4.90 billion in 2024 and grow at a CAGR of 5.5% to reach USD 6.40 billion by 2029.
What is the current Construction Portable Generators Market size?
In 2024, the Construction Portable Generators Market size is expected to reach USD 4.90 billion.
